Approach Dating among top applicants selected for Newchip’s online accelerator
(St. Louis, MO) (July 27, 2022)–Approach Dating was accepted into Newchip’s renowned global accelerator program. Designed to provide all the skills and tools founders need to rapidly fund, build and scale their companies, past accelerator cohorts averaged more than 17.5 times the average funding amount. The equity-free, fully digital accelerator has helped over 1,500 founders from more than 50 countries and 250 cities raise over $450 million in funding with an estimated portfolio of over $9B.
“Newchip evaluates a diverse number of companies across all industries from around the world, selecting a small percentage to join our accelerator,” says Armando Vera Carvajal, Vice President of Product at Newchip. “This strict selection process makes us an ideal partner for investors looking for promising start-ups. Online dating companies like Approach can scale quickly with proper funding and guidance. We are excited for Approach and believe they will do well at Newchip.”
Launched in 2020, Approach Dating provides single users with a more authentic way to connect by facilitating in person meetups at local partner businesses. “We believe that you can only find your person, in person, so we create a seamless process for singles to do just that,” notes Approach CEO, Allison Cousins.
“Being accepted into the Newchip Accelerator, we are excited to connect with experts in the start-up ecosystem and take advantage of the mentorship and guidance that the program provides,” says Approach COO, Riley Foster. “We are confident that New Chip is going to help us get to the next level.”
Approach Inc. was founded in St. Louis in 2020 to bridge the gap between online dating and meeting in person. Approach empowers users to forge real human connection and embrace individual preferences by connecting people in real-time in safe, low-pressure environments because we believe that you can only find your person if you’re in person. We invest in the local economy by partnering with businesses to feature their establishments within the app as meetup sites and by facilitating singles events at their businesses.
About Newchip
Newchip is an online, global startup accelerator led by a world-class team of entrepreneurs and investors. It was designed to provide founders with the tools needed to rapidly fund, build, and scale. Since its inception in 2019, the equity-free, remote accelerator has enabled over 1,500 startups from 50+ countries to raise over $450 million in funding with an estimated $9B portfolio. It has three distinct six-month accelerator programs based on company stage: Pre-Seed, Seed, and Series A. Its vast network of global investors, strategic partners, and mentors guide companies from team building and prototype development to securing high-profile VC investment, corporate partnerships, and everything in-between. To learn more, visit https://launch.newchip.com/.